The level that has held for the last 3 bearish sells since 2022.
A new number 2 print for one of the biggest markets in the world!
And are we about to see even more volatility?
That and more in this weekends video: πππ
The level that has held for the last 3 bearish sells since 2022.
A new number 2 print for one of the biggest markets in the world!
And are we about to see even more volatility?
That and more in this weekends video: πππ
As the tech selloff deepens, AIβs hoped-for lifeline is losing altitude: Anthropicβs implied pre-IPO valuation on Hyperliquid has dropped 16% from its Oct 19 peak to now $1.66tn, incl -3.1% today. Its planned IPO is shaping up as a critical funding test for the entire AI ecosystem; from cloud providers to chipmakers and data-center builders.
$QQQ - #8 printed at the close yesterday. #4 arrived this morning. Image 3 shows the inventory currently below price at that level ($647.80).
Price is currently tangling w/ the larger level at $661.50 [$8.8B vs $5.6B (and growing)]. As more signature prints arrive, the level at yesterday's close will continue to grow in size. We won't know until the close exactly how large it is as these trades are delayed by up to 24 hours.
https://t.co/i5V7d5Evfk
This is pretty extraordinary.
China's CSI 300 has now fallen for 12 straight weeks.
The longest losing streak in its history, according to the reported data.
Almost three months without a positive weekly close.
At what point does the selling become exhaustion?
AMD delivered. Semiconductors are bouncing.
But there's still a problem.
$SOXX has lost its daily 200DMA, and trading volume is picking up.
The after-hours recovery is interesting, but I'd be careful reading too much into one bounce before we see some better structure.
Price action still matters.
Semiconductors Break below the 200DMA?
Credit Default Swaps Spike Again?
What is going on in these markets?
We talk about it Today in our latest show: πππ